HOUSE  OF  REPRESENT ATIA^ES,  Dec.  16,  1863.— Read  first 
and  second  times,  referred  to  Special  Committee  on  Currency,  and  or- 
dered to  be  printed. 

[By  Mr.  Sf.xton.]  • 


A.    BILL 

To  be  entitled  "  An  Act  to  raise  a  revenue  by  direct  taxation. 

1  Section  1 .     The    Congress  of  the  Confederate  States  of  America 

2  do  enact.  That    the    sum    of  four   hundred   millions    of  dollars, 

3  shall  be  raised  by  direct   taxation,  which   shall   be  apportioned 

4  among  the  States  nf  this  Confederacy,   upon  the  basis  of  the 

0  census  of  1860,  taken   by  the   United   States  Government,  and 

6  that  a  tax  is  hereby  levied  to  be  assessed  at  a  sufficient  rate  per 

7  centum  upon  all  descriptions  of  property,  incomes  and  values,  in 

8  each  State  to  raise  said  sum, 

1  Sec.  2.  The  term  incomes,  as  used  in  the  first  section  of  this 

2  act,  shall  be  deemed  to  include  the  profits  derived  by  each  per- 

3  son,  joint  stock  company,  or  corporation,  from  every  occupation, 

4  employment  or  business  in  which   they  have  been  engaged,  and 

5  from  every  investment  of  labor,  skill,  property  or  money,  and 

6  the  income  and  profits  derived  from  any  source  whatever ;  and 


7  the  said  incomes  shall   be   ascertained,  as  far  as  practicable,  in 

8  the  mode  prescribed  by,  and  according  to  the  terms  of,  the  eighth 

9  section  of  an  act  entitled  "  An  Act  .to  lay  taxen  for  the  common 

10  defence,    and   carry    on    the    Government    of    the    Confederate 

11  States,"  approved  April  24th,  1863  :  Provided,  That  no  tax  shall 

12  be  laid  upon  the   income   or  profits   of  any  property  where  the 

13  property  itself  is  taxed, 

1  Sec.  3.  The  tax,  provided  for  in   this   Act,   shall  be  levied, 

2  assessed  and  collected  in  the  mode  prescribed  by  an  act  entitled 

3  **  An  Act  for  the  assessment  and  collecting  of  taxes,'*  approved 

4  May  1st,  1863.     The  Secretary  of  the  Treasury  shall  apportion 

5  the  amount  required  to  be  paid  each  by  State  according  to  the 

6  first  section  of  this   act,  and   the   Chief  Collector  in  each  State 

7  shall  ascertain  and  determine  the  rate  per  centum  to  be  paid  upon 

8  property,  incomes  and  values  in  each  State. 

1  Sec.  4.   So  much  of  an  act  entitled  '"  An  Act  to  lay  taxes  for 

2  the  common  defence  and  carry  on  the  government  of  the  Confede- 

3  rate  States,"  approved  April  24th,  1863,  as  provides  for  levying 

4  a  tax  in  kind  be,  and  is  hereby,  repealed. 


,.,    ,.    r 


